WordLens

current account

1 of 1noun
/ˈkɝənt əˈkaʊnt/
Forms:current accounts
1

a bank account that allows frequent deposits and withdrawals, typically using checks, with no prior notice required

  • They offer free banking services with their current account.
  • I use my current account to pay bills and make purchases.
  • She opened a current account to manage her daily expenses.
  • She transferred the money from her savings account to her current account.
  • You can easily access your funds with a current account at most banks.
2

that part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments